Head of Investment Banking, commented, “We are delighted to be building on our longstanding partnership with Adnoc and to be advising on the IPO …
Emirates Development Bank enhances partnership with Abu Dhabi Department of Economic Development’s Industrial Development Bureau at Make It in the Emirates Forum
Emirates Development Bank (“EDB” or “the Bank”), a key financial engine of the UAE’s economic development and industrial advancement, signed a Memorandum of Understanding (MoU) with the Abu Dhabi …
UAE remains a burgeoning blockchain capital in 2023
With blockchain growing fast, the latest reports suggest more than $78 billion in remittance payments between Saudi Arabia and UAE, as they make the top 30 largest …
MOVES-UAE lender FAB appoints new senior execs
First Abu Dhabi Bank has appointed Sameh Al Qubaisi as group head of global markets and Eric Shehadeh as group head of mergers & acquisitions and corporate development, the lender said in a statement …
Americana Restaurants enters $87bn MSCI UAE Index following smash listing success
Designed to measure the performance of the large- and mid-cap segments of the UAE market, it has usually included finance, real estate and the oil industry in the past The MSCI indexes, operated by …
Is UAE planning to introduce income tax? Top official responds
With corporate tax taking effect on June 1, the official also clarified that the scheme won’t apply to the personal income of workers employed in government and private sectors …
Bharat Founders Partner Maanav Sagar Suggests Growth Strategies For The UAE Fintech Sector
“In the long run, I think that access to credit is what all businesses need and at the easiest touchpoints, so embeded finance will be able to solve that,” said Sagar. “In terms of fintech, the UAE …
UAE’s Finance Ministry issues corporate tax exemptions for free zones
The UAE’s Ministry of Finance has shed light on new details related to corporate tax for businesses operating within the country’s free zones after the Gulf nation introduced the tariff on June 1.
Dubai Financial Market adds 22,704 new investor accounts in five months
Brokerage companies at the Dubai Financial Market added 22,704 new investor accounts in the first five months of 2023. The market reportedly witnessed significant momentum since the announced listing …
Corporate tax: UAE exempts free zones from business tax
The UAE’s Ministry of Finance said qualifying entities in the country’s economic free zones will be subject to a 0 per cent rate …
Dubai Investments showcases its powerhouse status at ‘Make it in the Emirates’ forum
Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market (DFM), is set to reinforce its position as a strategic powerhouse within the UAE’s economy at the …
Property Finder campaign answers all questions
Property Finder’s campaign, ‘You Have Questions, We Have Answers” aims to enable home seekers to make informed decisions in their home search journey. Home purchase inquiries have been on the rise in …
Hedonova Emerges As A Force In Alternative Investments With Impressive Returns And Diverse Investor Base
Alexander Cavendish, CEO, Hedonova, a US based Hedge Fund Dubai, United Arab Emirates: Hedonova has emerged as a fo …
UAE corporate tax ‘huge change’ to business, will expand economy, ministry says
Undersecretary of the UAE Finance Ministry tells Arabian Business that new corporate tax and free zone tax decisions to pave way for economic growth UAE corporate tax ‘huge change’ to business, will …
Jensen Matthews PR Expands Global Services into Financial Sector, Aiming to Bridge Emerging Markets
The expansion of Jensen Matthews PR aligns with timely market trends. A report titled ‘Dubai: The next global hedge fund centre opportunities and outlook,’ released by Dubai International Financial …
UAE Corporate Tax: Finance Ministry announces freezone tax policy, exemptions
The UAE corporate tax came into effect on June 01 UAE Corporate Tax: Finance Ministry announces freezone tax policy, exemptions Abu Dhabi, Ministry of Finance, UAE Banking & Finance …
Ministry of Finance announces new decisions relating to corporate tax for free zones
Abu Dhabi, UAE – The UAE Ministry of Finance has released two new decisions that together specify the main features of the Corporate Tax regime as it applies to juridical persons operating out of free …